Decision (EU) 2023/2815 of the European Central Bank of 7 December 2023 amending Decision ECB/2010/29 on the issue of euro banknotes (ECB/2023/35)
Date: 2023-12-07
Institutions: European Central Bank
Subjects: central bank, euro, issuing of currency, paper money, participating country (euro area), technical specification








L_202302815EN.000101.fmx.xml












Official Journal of the European Union


EN
Series L













2023/2815


18.12.2023







            DECISION (EU) 2023/2815 OF THE EUROPEAN CENTRAL BANK
         
of 7 December 2023
         
amending Decision ECB/2010/29 on the issue of euro banknotes (ECB/2023/35)


the governing council of the European Central Bank,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 128(1) thereof,


Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 16 thereof,

Whereas:







(1)


Decision (EU) 2023/2811 of the European Central Bank (ECB/2023/31) (1) provides for the adjustment of the key for subscription to the capital of the European Central Bank (ECB) (hereinafter the ‘capital key’) in accordance with Article 29.3 and 29.4 of the Statute of the European System of Central Banks and of the European Central Bank and establishes, with effect from 1 January 2024, new weightings assigned to the national central banks in the adjusted capital key (hereinafter the ‘capital key weightings’).












(2)


Article 1(d) of Decision ECB/2010/29 of the European Central Bank (2) defines the ‘banknote allocation key’ and refers to Annex I to that Decision, which specifies the banknote allocation key applying since 1 January 2023. Given that new capital key weightings will apply from 1 January 2024, Decision ECB/2010/29 needs to be amended in order to determine the banknote allocation key applying from that date,





HAS ADOPTED THIS DECISION:



Article 1

Amendments

Decision ECB/2010/29 is amended as follows:






1.


The final sentence of Article 1(d) is replaced by the following:

                              ‘Annex I to this Decision specifies the banknote allocation key that shall apply from 1 January 2024.’;










2.


Annex I is replaced by the Annex to this Decision.






Article 2

Entry into force

This Decision shall enter into force on 1 January 2024.




Done at Frankfurt am Main, 7 December 2023.


The President of the ECB

Christine LAGARDE
            





(1)  Decision (EU) 2023/2811 of the European Central Bank of 7 December 2023 on the national central banks’ percentage shares in the key for subscription to the European Central Bank’s capital and repealing Decision (EU) 2020/137 (ECB/2020/3) (ECB/2023/31) (OJ L, 2023/2811,18.12.2023, ELI: http://data.europa.eu/eli/dec/2023/2811/oj).

(2)  Decision ECB/2010/29 of the European Central Bank of 13 December 2010 on the issue of euro banknotes (OJ L 35, 9.2.2011, p. 26).




ANNEX



‘ANNEX I
BANKNOTE ALLOCATION KEY FROM 1 JANUARY 2024
                     






European Central Bank


8,0000  %




Nationale Bank van België/Banque Nationale de Belgique


3,3760  %




Deutsche Bundesbank


24,4995  %




Eesti Pank


0,2740  %




Central Bank of Ireland


2,0040  %




Bank of Greece


2,0785  %




Banco de España


10,8790  %




Banque de France


18,4045  %




Hrvatska narodna banka


0,7120  %




Banca d’Italia


14,7385  %




Central Bank of Cyprus


0,2025  %




Latvijas Banka


0,3565  %




Lietuvos bankas


0,5430  %




Banque centrale du Luxembourg


0,3350  %




Central Bank of Malta


0,1190  %




De Nederlandsche Bank


5,4350  %




Oesterreichische Nationalbank


2,7200  %




Banco de Portugal


2,1395  %




Banka Slovenije


0,4545  %




Národná banka Slovenska


1,0580  %




Suomen Pankki


1,6710  %





TOTAL




100,0000  %







            ’
         



ELI: http://data.europa.eu/eli/dec/2023/2815/oj
ISSN 1977-0677 (electronic edition)